ZIP 27613 - 860Z200US27613 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 27613, located in the Raleigh, North Carolina area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a robust population, strong income levels, and a competitive housing market, this area presents unique opportunities and considerations for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the latest data to help you make informed decisions about living or working in 27613.

Population & Households

ZIP 27613 is home to a population of 44,357 residents as of 2023, making it a sizable and vibrant community. This population is distributed across 18,407 households, reflecting a mix of family units, singles, and professionals. The total number of housing units in the area stands at 20,099, indicating a slight surplus of available homes or rentals compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant properties.

Income & Housing Costs

One of the standout metrics for ZIP 27613 is its median household income, which sits at an impressive $119,362. This figure points to a relatively affluent community with significant purchasing power, an attractive trait for businesses targeting higher-income demographics. On the housing front, the median home value is $478,600, reflecting a strong real estate market that may appeal to investors seeking appreciation potential. For renters, the median rent is $1,478 per month, which aligns with the area’s income levels but could pose affordability challenges for some. These numbers highlight 27613 as a premium location with a cost of living to match.

Race & Ethnicity

The demographic makeup of ZIP 27613 offers insight into the community’s diversity. The racial composition is predominantly White at 77.13%, followed by Black residents at 9.15%, Asian residents at 3.4%, and Hispanic or Latino residents at 6.38%. This distribution suggests a largely homogeneous population with pockets of diversity, which can influence cultural dynamics, community events, and business opportunities. For small-business owners, understanding this mix can help tailor products or services to the majority demographic while also addressing the needs of smaller but significant minority groups.

Key Facts

• Total population in ZIP 27613: 44,357 residents in 2023.
• Total households: 18,407, indicating a strong residential base.
• Total housing units: 20,099, with some availability for new occupants.
• Median household income: $119,362, reflecting high earning potential.
• Median home value: $478,600, signaling a competitive real estate market.
• Median rent: $1,478 per month, consistent with the area’s income levels.
• Racial composition: 77.13% White, 9.15% Black, 3.4% Asian, 6.38% Hispanic.

What This Means for You

For homebuyers, ZIP 27613 offers a stable, affluent community with high-quality housing, though the median home value of $478,600 means you’ll need a solid budget or financing plan. The slight surplus of housing units could give you some negotiating power, but competition may still be stiff given the desirable location. Real estate investors and agents will find potential in the strong home values and income levels, which suggest long-term growth and demand for both sales and rentals—though be mindful of the $1,478 median rent when assessing rental yield. Small-business owners can capitalize on the high median income of $119,362, targeting premium products or services to a wealthier customer base, while also considering the cultural needs of a predominantly White but diverse population. Analysts can use these metrics to benchmark 27613 against neighboring ZIP codes for deeper market or demographic studies. Across all groups, the data points to a community with strong economic foundations but a higher entry cost.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 27613? Use ZipcodeGPT to access detailed demographic and housing data tailored to your needs.
• Simply enter any ZIP code to uncover population stats, income levels, housing costs, and more in seconds.
• Make data-driven decisions for your next home purchase, investment, or business venture with ease.